Recycle-A-Bike
- Assets
- $44.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Providence, RI
- Founding
- 09/2011
- Data as of
- 12/2022
- EIN
- 27-1157693
Organization Overview
Recycle-A-Bike is located in Providence, RI. The organization was established in 2011. According to its NTEE Classification (M42) the organization is classified as: Automotive Safety, under the broad grouping of Public Safety, Disaster Preparedness & Relief and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Recycle-A-Bike is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Recycle-A-Bike generated $80.6k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.8%) each year. All expenses for the organization totaled $70.1k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (4.1%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
THE MISSION OF RECYCLE A BIKE IS EDUCATING, EMPOWERING, AND BUILDING COMMUNITY BY CONNECTING PEOPLE AND BICYCLES. IN THE PAST YEAR, WE HAVE HELD 3 COMMUNITY BIKE EVENTS AND DISTRIBUTED OVER 100 FREE BIKES TO LOW INCOME CHILDREN AND ADULTS. WE ALSO PARTNER WITH OTHER ORGANIZATIONS AND SCHOOLS TO PROMOTE BICYCLE SAFETY AND PROPER BICYCLE MAINTENANCE. COMMUNITY MEMBERS ARE ALSO WELCOME IN OUT BIKE SHOP TO WORK ON THEIR OWN BIKES, OR TO EARN A BIKE / REPLACELENT PARTS BY VOLUNTEERING TIME TO HELP OUR ORGANIZATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Andrew Romero Board Member | 1 | $0 | |
Joseph Conti Board Member | 1 | $0 | |
Edward Raff Board Member | 1 | $0 | |
Thomas Dickinson Board Member | 1 | $0 | |
John Olivo President | 4 | $0 | |
Christopher D'ovidio Vice President | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,405 |
| Total Program Service Revenue | $75,170 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $80,575 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $14,577 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $29,395 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $26,164 |
| Total expenses | $70,136 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $29,543 |
| Other assets | $0 |
| Total assets | $44,841 |
| Total liabilities | $1,551 |
| Net assets or fund balances | $43,290 |